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If Gold is closely related to the stock markets, they will influence them as well. Cash Gold has Major support at the 1000 area, which is the 50% retrace and TL support.
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The US$ Dollar Monthly chart is still in a long term down channel with Major resistance at the 86 area, The regular Long term 39-40 month Cycle is next due in July 2011.
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The US$Dollar has major resistance at 81.50-90, the previous wave 4 and 50% retrace. Dollar Daily CITs: 2/22, 3/10 and 3/12.
If anyone is interested in the Free 2010 MC forecast, simply email: timeandcycles@gmail.com
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